Plan Ledger DOL Form 5500 · updated monthly

Primo Water Holdings Inc401(k)

PRIMO RETIREMENT SAVINGS PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.15%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Primo Water Holdings Inc reported $513,588 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,438 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.34% to 0.15%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 108th-largest of 3,644 plans among Florida employers on file, and the 717th of 13,661 in manufacturing. In 2024, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$371,637,833
Participants with balances5,530
Active participants5,828
Employer contributions$8,381,434
Employee contributions$21,892,937
Employer contribution per active participant$1,438
Average account balance$67,204
Benefits paid to participants$34,834,376
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$371.6M · 5,530 accts · $8.4M emplr
2023$335.9M · 5,083 accts · $6.6M emplr
2022$295.4M · 4,659 accts · $6.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$284,518
Investment management$201,770
Audit (IQPA)$27,300
Total administrative$513,588
The Primo Water Holdings Inc 401(k) match · 2024
Employer contribution per active participant$1,438
Median for plans this size$4,294
2024$1,438 per active participant
2023$1,155 per active participant
2022$1,181 per active participant

Primo Water Holdings Inc's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$284,518
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan) · Investment management$201,770
CBIZ CPAS PC · Accounting / audit$27,300

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$513,588 · 0.15%
2023$449,747 · 0.14%
2022$1,146,681 · 0.34%
Similar plansManufacturing · Florida
The Mosaic Company FL$853.2M · 0.02%
Gerdau Ameristeel US Inc. FL$746.1M · 0.10%
Cae USA, Inc. FL$655.8M · 0.11%
Conmed Corporation FL$341.8M · 0.08%
Masonite Corporation FL$324.4M · 0.13%
Chromalloy Corporation FL$324.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582020185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.